My spouse has an offer from Amazon. Their base is capped low so they pay most of the total comp as sign on bonus. How is the tax and withholding works for the bonus part?
Same as regular income.
Ah so this is what privilege looks like... Lol 160k, over 300% the national average income for a family of 4 is considered "low"
?
Base cap of 160k is "low" for OP. I get other companies pay more, just mind blowing the amount of money in tech. Growing up with half a dozen people in a 1 bedroom apartment without food and hearing people complain about only making 160k base still hits a nerve.
Did you figure out which is the tax rate?
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The sign on is paid alongside the salary, so I’m assuming it’s withheld the same way